Chattogram has potential to be a growth engine

Businesses in Bangladesh said that Chattogram has the potential to become a major trading hub that acts as a vital engine for economic growth in the country and its neighbouring regions.
31 October 2023, 18:00 PM

Prime Bank posts 23% rise in profit

It made a profit of Tk 345 crore in Jan-Sep period
31 October 2023, 15:35 PM

NRBC Bank sponsor to sell 96% stakes

ABM Abdul Mannan will sell 4.49 crore out of his 4.7 crore shares
31 October 2023, 15:08 PM

Dollar becomes costlier

Exporters will get Tk 111 for a dollar, up from Tk 110.5
31 October 2023, 15:04 PM

National Bank's loss triples in nine months

In Jan-Sep, the bank's loss hit Tk 1,123 crore in 2023 from last year's Tk 357 crore
31 October 2023, 14:10 PM

IndustriALL suspects political parties taking benefit of RMG unrest

The Bangladesh chapter of IndustriALL says in a press briefing
31 October 2023, 13:38 PM

Leathertech Bangladesh begins in Dhaka Nov 2

The three-day Leathertech Bangladesh 2023 will begin on November 2 at International Convention City Bashundhara in Dhaka.
31 October 2023, 12:57 PM

JMI Syringes suffers Tk 15 crore loss in 2022-23

The medical device maker made a profit of Tk 10 crore previous year
31 October 2023, 11:54 AM

DCs asked to ensure potato sales at govt-fixed rate at cold storage

The commerce ministry today directed the district administrations to ensure sales of potatoes at the government's fixed rate at the cold storages, according to a statement.
31 October 2023, 07:52 AM

Govt to allow potato import as prices hit historic high

In a first for Bangladesh, the commerce ministry yesterday decided to allow potato imports in an effort to increase supply of the tuber and thereby curb prices in the domestic market.
31 October 2023, 02:11 AM

Taka Pay launching tomorrow

Bangladesh is set to launch its first domestic card scheme, “Taka Pay”, tomorrow aiming to reduce reliance on international card schemes such as Visa and Mastercard and save foreign currencies.
31 October 2023, 01:56 AM

LafargeHolcim profits up 41% in Q3

Sales and profits of LafargeHolcim Bangladesh, a multinational cement manufacturing company, grew in the July-September period of 2023 in spite of facing challenging economic conditions.
31 October 2023, 01:56 AM

Blockade could dent supply chain, economy

The economy, which is already reeling under the pressure owing to persisting volatility in the foreign exchange market and higher inflation, is set to face another major setback as the nationwide blockade could disrupt the smooth operation of the entire supply chain.
31 October 2023, 01:56 AM

WTO extension could yield multiple perks beyond 2026: experts

The World Trade Organisation’s (WTO) decision to continue LDC-linked trade benefits for graduating least-developed countries will not only help Bangladesh avoid potential export losses for several years beyond 2026 but also allow it to attract much-needed investments, experts said.
31 October 2023, 01:56 AM

City Bank holds virtual earnings disclosure

City Bank held a virtual earnings disclosure event to announce the bank’s Q3 2023 results.
30 October 2023, 18:00 PM

Prime Bank inks deal with Electra Holdings

Prime Bank signed an agreement with Electra Holdings, the official seller of Xiaomi branded mobile phones in Bangladesh, at the bank’s head office in Dhaka.
30 October 2023, 18:00 PM

Oil price falls over 1%

Oil slipped more than 1 percent on Monday as concern eased about the Israel-Hamas war affecting supply from the region and as investors adopted caution ahead of this week’s U.S. Federal Reserve meeting and other indications of global economic health.
30 October 2023, 18:00 PM

Focus on AI to bridge digital divide: experts

The best use of digital public infrastructure (DPI) and artificial intelligence (AI) will eliminate the digital divide in the country with the help of Smart Bangladesh initiative, experts said yesterday.
30 October 2023, 18:00 PM

Ensure green growth for sustainable development

Green growth would help Bangladesh build long-term resilience against climate risks and potentially achieve its vision of becoming an upper-middle-income country, according to Abdoulaye Seck, World Bank country director for Bangladesh and Bhutan.
30 October 2023, 18:00 PM

NCC Bank re-elects chairmen for 3 committees

In the 506th meeting of its board of directors, NCC Bank re-elected three chairmen for three committees. They are SM Abu Mohsin for the executive committee, Md Nurun Newaz for the risk management committee and Md Obayed Ullah Al Masud for the audit committee of the board.
30 October 2023, 18:00 PM